Tax Preparation

MYTHS

Anyone can Prepare Taxes thanks to Technology

I often get asked…

HOW I keep up with all the changing Tax Rules, and Regulations?

However, it’s truly shocking how many people don’t comprehend just how much work is involved. Ignorance really can be bliss because if you understand, I mean really comprehend the ins and outs of all the complications surrounding Tax Preparation you would not be able to sleep at night.

I know of no one who could claim with conviction that they comprehend ALL the Rules and Regulations. Even the most seasoned Professional is forced to research and reference the rule book as needed all throughout the year. And this is in addition to continuing education.

There is no shame in admitting you do not know everything as there’s just way too much information for any one person to grasp everything all the time.

ONE OF THE ALL-TIME INTELLIGENT QUESTIONS IS:

“I DO NOT KNOW?”

What’s really REALLY scary is the people that get cocky. This problem occurs with licensed and unlicensed professions alike.

Humility will help avoid costly mistakes.